Federal Reserve Vice Chairman Stanley:
The Fed won't wait for 2% inflation to raise rates
Federal Reserve Vice Chair Stanley Fischer
Washington - Arab Today
Federal Reserve Vice Chairman Stanley Fischer warned Saturday that the US central bank will not wait for inflation to hit two percent before raising interest rates.
In a speech at a conference on monetary policy in Jackson Hole, Wyoming, the Fed's number two said: "We should not wait until inflation is back to two percent to begin tightening."
He added, however, that the Fed needed to "consider the overall state of the US economy as well as the influence of foreign economies on the US economy as we reach our judgment on whether and how to change monetary policy."
Source: AFP
- Friday ,30 November GMT 20:32 2018 Turkey hails China's 1st import expo, gets ready for next session
- Friday ,26 October GMT 12:14 2018 Xi welcomes Abe as China-Japan ties thaw over economic cooperation
- Friday ,19 October GMT 16:28 2018 Presidents give start to construction project of first NPP in Uzbekistan
- Saturday ,13 October GMT 16:09 2018 Sisi's visit to Russia to promote cooperation in transport field
- Saturday ,06 October GMT 06:07 2018 S. Korea, Britain agree on cooperation for post-Brexit trade deal
- Thursday ,20 September GMT 04:17 2018 Gulftainer signs US$600 million concession to operate Wilmington Port
GMT 20:32 2018 Friday ,30 November
Turkey hails China's 1st import expo, gets ready for next sessionGMT 12:14 2018 Friday ,26 October
Xi welcomes Abe as China-Japan ties thaw over economic cooperationGMT 15:49 2018 Tuesday ,23 October
Cooperation with Rosatom to provide new workplaces for SerbiaGMT 16:28 2018 Friday ,19 October
Presidents give start to construction project of first NPP in UzbekistanGMT 14:54 2018 Wednesday ,17 October
Presidents Putin, al-Sisi sign strategic cooperation treatyGMT 16:09 2018 Saturday ,13 October
Sisi's visit to Russia to promote cooperation in transport fieldGMT 06:07 2018 Saturday ,06 October
S. Korea, Britain agree on cooperation for post-Brexit trade dealGMT 04:17 2018 Thursday ,20 September
Gulftainer signs US$600 million concession to operate Wilmington Port
Economic conference on investment opportunities in Syria kicks off
Bucharest - SANA
With the participation of 120 representatives of Romanian companies, Chambers of Commerce and industry, An economic conference on “Reconstruction in Syria between the development of economic steadfastness and the opportunities ofRussia tests new telemetry system during manned Soyuz MS-11 spacecraft’s launch
Moscow - TASS
The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launched from the Baikonur CosmodromeLiverpool, Manchester City seek neighbours' help in title chase
London - DPA
Liverpool and Manchester City will be looking for a little help from their not-so-friendly neighbours this weekend. The Premier League front-runners face each other's local rivals when City host Everton and Liverpool take on Manchester United. Liverpool jumped above City at theBlue light in smartphones linked to blindness and some cancers
Spain - DPA
Ever since we have started to become chained to our smartphones and tablets, people have been saying that the waves coming off these devices must be bad for us. So often laughed off as conspiracy theorists, it now looks more and moreFestive Fashion by Dubai-based designer ASMARAÏA
Dubai - Arab Today
Dubai-based label ASMARAÏA just launched its pre-fall 2019 collection — and it’s all about cruelty-free, sustainable fashion with a festive edge. Checkmate The 15-piece collection features this checkered skirt-and-jacket ensemble that is giving us major “Clueless” vibes. Gold Rush ‘Tis the season to sparkle and this dazzling, floor-length gold skirt will do the trick. Take note of the chic black bow detail at the waist — it’s the ultimate party look. Feathered fashion The brand works with environmentally-friendly materials such as organic cotton, recycled polyester and faux fur, so you can be sure this feathered look doesn’t come at the cost of an animal’s life. Jewel Tones If you want to glisten like a polished jewel at your next festive function, this emerald-colored skirt is the perfect choice with its sequin details and shimmery overlay. Golden Girl Leopard print
GMT 16:21 2017 Monday ,08 May
Cultural Attache: UK firms ready to support Saudi educational programs
GMT 21:48 2016 Monday ,21 November
Percentage of UAE women in nuclear industry highest in the world
GMT 08:46 2017 Monday ,07 August
Attack on Venezuela army base repelled, leaving two dead
GMT 05:15 2017 Sunday ,25 June
Brazil defends beef after ‘system-wide problem’ prompts US ban
GMT 05:02 2017 Sunday ,12 March
Expat stabbed to death over financial dispute in Oman
GMT 21:11 2017 Friday ,21 July
Floods submerge 700 houses in Rokan Hulu, Riau
GMT 02:37 2017 Wednesday ,22 February
MoF, FEWA sign agreement on e-Dirham system
GMT 17:01 2017 Sunday ,01 October
Chinese investors bemoan Beijing’s bitcoin crackdown
GMT 13:39 2017 Friday ,17 March
New UAE taxes not likely to change consumer behaviour,
GMT 18:03 2016 Tuesday ,23 August
Philippine court temporarily stops burial of Marcos in heroes’ cemetery
GMT 06:39 2017 Saturday ,18 March
We shot down an Israeli Jets
GMT 15:01 2017 Thursday ,09 March
HH the Deputy Emir, Bahraini Crown Prince Tour Hamad International Airport
GMT 09:20 2017 Saturday ,08 April
Laser weapons edge toward use in US military
GMT 21:57 2016 Friday ,08 April
Chinese IDs let citizens strike prettier pose
GMT 16:12 2017 Sunday ,14 May
France's Macron arrives at presidential inauguration ceremony
GMT 08:38 2016 Sunday ,02 October
Thousands of Indians declare $9.5 billion in black money
GMT 08:18 2017 Wednesday ,15 November
Iceland held by last-gasp Qatar
GMT 18:03 2016 Monday ,15 August
Megan Fox, husband welcome 3rd son
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor